Tag: GenCo

The Nigerian Independent System Operator (NISO) has sounded a strong alarm over rampant electricity theft along the critical Ikorodu-Sagamu 132kV double-circuit transmission corridor, which spans Lagos and Ogun states, revealing that approximately 180 megawatts (MW) of power is being lost to large customers through illegal practices. Engr. Abdu Mohammed Bello (also referred to as Abdu […]

The Bureau of Public Enterprises (BPE) has confirmed plans to launch an Initial Public Offering (IPO) for two electricity Distribution Companies (DisCos) and one Generation Company (GenCo) on the Nigerian Stock Exchange. The announcement comes as part of the federal government’s broader strategy to deepen private-sector participation in the power industry and raise critical funding […]